This property looks like a bad Long-Term investment with a projected -13.6% first-year return on $57,183 initial cash invested.
-13.6%
Cash On Cash
4.23%
Cap Rate
0.63
DSCR
$1,575
Rent
-$648
Cashflow
Cash Flow
$1,575 income − $2,223 expenses = $648 out of pocket
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,183
Downpayment
20%
$54,460
Closing costs
1%
$2,723
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,575
Total Expenses
$2,223
Mortgage P&I
97%
$1,529
Property Taxes
14%
$226
Home Insurance
4%
$58
HOA
0%
$0
Property Management
10%
$158
CapEx
5%
$79
Vacancy
6%
$94
Maintenance
5%
$79
Other
0%
$0